Navigating the Tax Issues Triggered by the Issuance of Restricted Stock in a Rollover Transaction
Buyers and sellers need to be aware of the thorny issues that could occur.
It isn’t out of the ordinary if shareholders that are holding vested stock in their target company chose to roll the stock over into acquiror stock in a taxable or a nontaxable exchange. Customarily, the stock taken in the exchange is also fully vested stock. However, there are situations in some rollover transactions, where the acquiror requires that the management team exchange their vested stock for nonvested stock. This white paper reviews the business and tax issues that can be raised with the issuance of restricted stock in a rollover transaction.
Member in the Louisville office of Frost Brown Todd LLC
Provides a wide variety of corporate, tax and mergers and acquisitions services, including business and tax planning for limited liability companies, partnerships and corporations, structuring the formation of closely held businesses and family limited partnership/LLCs, structuring syndicated private offerings in technology, real estate, oil and gas, restaurant and other business areas, tax planning for taxable and tax-free business transactions, handling disputes with the Internal Revenue Service and the Kentucky Revenue Cabinet, and providing general counsel to business organizations and their owners
Represents closely held businesses engaged in a variety of business activities, including real estate, technology, restaurants, physician and other professional practices, asphalt production and paving, oil and gas exploration, home health care, and laboratory testing
Also works regularly with individuals and closely-held businesses in the areas of family wealth transfer planning and business succession planning
Speaks regularly at seminars on business and tax issues; his experience is wide-ranging
Chambers USA, Corporate/M&A, 2005, 2008-2017; Selected for inclusion in Kentucky Super Lawyers®, Tax, 2007-2016; The Best Lawyers in America®, Corporate Law, Mergers & Acquisitions Law, Tax Law, 2006-2018; Peer Review Rated, Martindale-Hubbell®
J.D. degree, University of Virginia School of Law; B.A. degree, with honors, Harvard University
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training
in any format, any time!
White Papers and Articles
Sponsored Live Webinars
Additional benefits include:
State Specific Credit Tracker
Members Only Newsletter
All-Access Pass Course Concierge
* For audio recordings you only pay shipping
Questions? Call 877-296-2169 to speak with a real person.
You can Login to access if you are already registered.